Prime Minister Shahbaz Sharif (right) meets International Monetary Fund (IMF) Managing Director Kristalina Georgieva in Riyadh on April 28, 2024. — Prime Minister’s Office
Prime Minister Shehbaz Sharif on Sunday discussed new bailout package with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the World Economic Forum Special Meeting in Riyadh.
In his first meeting with the IMF chief since his re-election, PM Shehbaz reiterated his government’s commitment to put Pakistan’s economy back on track, according to a statement issued by the PM Office.
Pakistan is seeking a new long-term Extended Fund Facility (EFF) after a current $3 billion Stand-By Arrangement (SBA) expires this month.
